Dr Reddys Laboratories (RDY) Tax Rate (2009 - 2023)

Dr Reddys Laboratories (RDY) has reported Tax Rate for 15 consecutive years, with 26.09% the latest figure, recorded in Q2 2023.

• Quarterly Tax Rate changed N/A year-over-year to 26.09% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 25.61% (changed N/A YoY) and the FY2026 annual result came in at 22.6%, down 284.0% from the prior year.
• Tax Rate improved to 26.09% in Q2 2023 per RDY's latest filing, from 23.56% in the prior quarter.
• Over the last five years, Tax Rate for RDY reached as high as 34.17% in Q1 2020 and fell as low as 50.0% in Q3 2020.
• A 5-year average of 9.77% and a median of 22.32% in 2021 frame the typical range for Tax Rate.
• The largest YoY upside for Tax Rate was 5486 bps in 2020 against a maximum downside of 6605 bps in 2020.
• Year by year, Tax Rate stood at 16.05% in 2019, then tumbled by 412 bps to 50.0% in 2020, then jumped by 143 bps to 21.64% in 2021, then rose by 28 bps to 27.78% in 2022, then fell by 6 bps to 26.09% in 2023.
• According to Business Quant data, Tax Rate over the past three periods registered 26.09%, 23.56%, and 27.78% for Q2 2023, Q1 2023, and Q4 2022 respectively.